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Everbank increased promo rate to 5.01% for its FreeNet Checking account

By , January 1, 2006

Everbank website + Info about $50 bonus

Promo terms:
The special 5.01% annual percentage yield (APY) on EverBank's FreeNet Checking Account is current as of 11/1/05 and will apply for three months after account opening, and may change at any time prior to account opening. The current APY as of 11/1/05 without this special offer will be the applicable ongoing rate based on the average collected daily balance on your account and may vary after account opening. Current APY tiers are: over $100K, 3.40%; $50K-$99.99K, 3.30%; $25K-$49.99K, 3.20%; $10K-$24.99K, 3.10%; and under $10K, 3.01%. During the three-month period after account opening, the special rate will be applied to the first $100,000 in your account and any balance above $100,000 will receive the applicable ongoing rate, based on the average collected daily balance on your account. Any rate or any tier may change at any time without notice. Fees may reduce earnings. This special APY offer is available to first-time checking account holders only and is limited to one account per household. This account is only available through EverBank Direct and cannot be obtained through any other division of EverBank. Minimum opening deposit $1,500.

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